Bytes Technology Group PLC Director/PDMR Shareholding

RNS Number : 9644W

Bytes Technology Group PLC

18 July 2024

 

Bytes Technology Group plc

("the Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

18 July 2024

The Company was notified on 17 July 2024 that Andrew Holden, Chief Financial Officer, exercised options over 10,916 ordinary shares of 1 pence each ("Ordinary Shares") under the BTG Deferred Bonus Plan. Mr. Holden then immediately disposed of 5,169 Ordinary Shares acquired under the exercise in order to meet the taxation arising on the exercise. The disposal took place at an aggregated price of £4.96 per share. Following this transaction, the beneficial holding of Mr. Holden in the Company has increased to 78,737 Ordinary Shares, representing 0.033% of the issued share capital.

The notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Holden
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer or emission allowance market participant
a)	Name	Bytes Technology Group plc
b)	LEI	213800LA4DZLFBAC9O33
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01 each GB00BMH18Q19
b)	Nature of the transaction	Exercise of options under the BTG Deferred Bonus Plan
c)	Price(s) and volume(s)	Price: £0.01	Volume: 10,916
d)	Aggregated information -  Aggregated volume -  Price	Exercise of options at £0.01 cost per ordinary share
e)	Date of the transaction	17 July 2024
f)	Place of the transaction	London Stock Exchange

 

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Holden
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial Notification
3.	Details of the issuer or emission allowance market participant
a)	Name	Bytes Technology Group plc
b)	LEI	213800LA4DZLFBAC9O33
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of £0.01 each GB00BMH18Q19
b)	Nature of the transaction	Sale of shares acquired under the BTG Deferred Bonus Plan to cover tax liabilities and cost of exercise
c)	Price(s) and volume(s)	Price: 496p	Volume: 5,169
d)	Aggregated information -  Aggregated volume -  Price	Sale of 5,169 ordinary shares at a price of 496p per ordinary share
e)	Date of the transaction	17 July 2024
f)	Place of the transaction	London Stock Exchange

 

Enquiries:

 

WK Groenewald	Tel: [phone]
Group Company Secretary
Bytes Technology Group plc

 

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

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